Thinking about where to invest your money can be overwhelming and confusing, especially for those who are unfamiliar with all options for investing. If you would like to take advantage of the ease of stock trading with the diversification of mutual funds, exchange-traded funds (ETFs) can potentially give you the best of both worlds.
U.S. stocks finished mixed today as choppiness in the markets held down the attempts of the Dow and S&P 500 to overcome early week losses, though the Nasdaq managed to break four-straight weekly losses. The markets appeared unsure of how to interpret strong global data, while Fed uncertainty continues with signs of rising inflation figures coming in all weeks.
Money can be a point of contention for many couples. Between big expenses like taking vacations, buying a house, getting married or having children, relationships can be filled with tricky financial situations. Even trickier is if you and your partner have different views on financial matters—one of you is a spender and one is a saver.
We have enough vaccines but now there are shortages of nearly everything from raw materials, intermediate goods, including semiconductors, and labor as well. What we do not want is a slowing of output, earnings and job growth with higher prices. This country has not seen commodity prices this high since the Carter administration.
The current economic environment has caused most everyone to reconsider their personal finances with many people having to drastically change their spending and savings habits. Out of this economic malaise may come an opportunity to finally instill the right habits in your teens that can carry them into adulthood on the right financial footing.
A sharp recovery appears to be getting started with an estimated predicted US GDP growth at 7.5% in 2021, the fastest pace since 1983. With the Washington stimulus and the reopening of the economy giving an unprecedented effect, the rebound seems to be coming at an uneven pace, with 8 million fewer jobs. As the pandemic draws to an expected close, a more inclusive
U.S. stocks have continued to climb amid optimism about a vaccine-led economic recovery, but it is a narrow path—buoyant investor sentiment could easily be deflated by bad news. Although global economic growth has struggled, an acceleration in vaccinations in major countries could support stronger growth in the second quarter.
While we prepare an Investment Update discussing our year-end review and a look forward, we want to provide an update on what is happening currently in the Capitol and what that may mean for the markets.
The markets have been encouraged by COVID-19 vaccine news even though we are experiencing a fourth quarter spike in cases. The expectation of higher employment and higher economic activity in 2021 has investors re-entering the markets and repositioning their portfolios in anticipation of a post-COVID-19 world. The economic numbers for the fourth quarter may see a